Ichigo ( (ICHIF) ) has released its Q1 earnings. Here is a breakdown of the information Ichigo presented to its investors.
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Ichigo Inc., a company listed on the Tokyo Stock Exchange, operates primarily in the real estate and clean energy sectors, with a focus on sustainable real estate, hotel management, and solar and wind power production.
In its latest earnings report for the first quarter of fiscal year 2026, Ichigo Inc. reported a significant decline in revenue and profits compared to the same period last year. The company’s revenue dropped by 50.2% to JPY 12,487 million, while operating profit decreased by 17.8% to JPY 3,468 million.
The key financial metrics revealed a challenging quarter for Ichigo, with comprehensive income falling by 30.7% year-on-year to JPY 2,962 million. The company’s net income also saw a decline of 35.1%, amounting to JPY 2,331 million. Despite these setbacks, Ichigo’s clean energy segment showed resilience, contributing positively to the overall performance.
Looking forward, Ichigo Inc. remains cautiously optimistic, with management forecasting a full-year operating profit increase of 19.6% and a net income rise of 5.4%. The company continues to focus on its strategic initiatives in sustainable real estate and clean energy to drive future growth.